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Stock Market & Financial Investment News

News Breaks
January 2, 2013
16:18 EDTHRLHormel Foods changes record date of 17c dividend payment to January 22
Hormel Foods Corporation announced that its quarterly dividend on the common stock, authorized by the board of directors at 17c a share on November 20 will be paid Feb. 15, to stockholders of record at the close of business on Jan. 22, changed from a previously announced date of Jan. 21. The annual dividend on the common stock of the corporation was raised to 68c per share from 60c per share.
News For HRL From The Last 14 Days
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April 20, 2015
17:02 EDTHRLHormel Foods backs FY15 adjusted EPS view of $2.50-$2.60, consensus $2.60
17:01 EDTHRLHormel Foods discusses impact of recent avian influenza outbreaks
Hormel Foods provided additional information regarding the anticipated impact of recent avian influenza outbreaks on its Jennie-O Turkey Store segment. Highly pathogenic H5N2 avian influenza, or HPAI, has been detected at multiple turkey farms that supply Jennie-O Turkey Store, resulting in the loss of affected flocks and temporary quarantine of farms in the area until a full cleaning process is completed. Lower turkey supply is expected to impact plant operations and cause reduced sales volumes as the year progresses. Jennie-O Turkey Store is managing the occurrences in full cooperation with the USDA Animal and Plant Health Inspection Service and state agency officials, and is collaborating closely with industry associations and other poultry companies in the region to ensure food safety and employee safety. All flocks are tested for influenza prior to processing. No birds diagnosed with HPAI are allowed to enter the food chain.
April 13, 2015
12:04 EDTHRLUSDA confirms first commercial chicken case of bird flu, Reuters says
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